https://www.taxtmi.com/caselaws?id=112786 A mortgage by deposit of title deeds arises when deeds are delivered with intent to create security, and that security need not be confined to a single loan where the surrounding circumstances show multiple dealings and no clear agreement limiting it. Any excess of authority by the person who deposited the deeds was treated as a matter between that person and the appellants, not a defence against the respondent in the absence of privity. The respondent was also entitled to rely on a general lien to retain the security for the overall balance of liabilities, so the restricted claim to redemption failed and return of the title deeds was refused. en-us Tue, 03 Feb 2009 00:00:00 +0530 Tue, 18 Nov 2014 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112786 A mortgage by deposit of title deeds arises when deeds are delivered with intent to create security, and that security need not be confined to a single loan where the surrounding circumstances show multiple dealings and no clear agreement limiting it. Any excess of authority by the person who deposited the deeds was treated as a matter between that person and the appellants, not a defence against the respondent in the absence of privity. The respondent was also entitled to rely on a general lien to retain the security for the overall balance of liabilities, so the restricted claim to redemption failed and return of the title deeds was refused. Case-Laws Companies Law Tue, 03 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112786